ERAAMExtended Range Air-to-Air Missile
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French alternative, multi-management company Eraam has set up the ERAAM Pure Alpha fund which it says is dedicated exclusively to selecting European-based hedge funds.
ERAAM said the fund seeks de-correlated and absolute performance, with an objective of eight per cent volatility, maximum.
ERAAM Pure Alpha will invest exclusively in European hedge fund managers in order to ensure a better analysis of underlying funds and to take advantage of an increasingly secure regulatory environment.